Karelina M.G. —
Empirical research of the development of risk management in the corporate sector of Russia’s economy
// Theoretical and Applied Economics. – 2019. – ¹ 4.
– P. 111 - 121.
DOI: 10.25136/2409-8647.2019.4.31538
URL: https://en.e-notabene.ru/etc/article_31538.html
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Abstract: This article is dedicated to comprehensive research of the development of risk management in Russian companies. The multifacetedness of approaches towards studying the problems and prospects of risk management defines the complexity of examination of the concept of “risk” in order to form objective prerequisites for analysis of the risk management systems in the corporate economic sector of the Russian Federation. The provided overview of the key prerequisites of the establishment of corporate risk management in Russia demonstrates the fact that requirements in the area of improving corporate risk management continue to rise and are defined by international, as well as national risk management standards: COSO ERM, ISO 31000, Russian Code of Corporate Conduct of the Federal Commission on Securities Market of Russia, and others. The study of the development of risk management in Russian companies was conducted in accordance with methodology of the world leader in the area of risk management solutions Aon. Expert survey of the specialists in the area of risk management of Russia’s largest and organizations in 2018 allowed highlighting the key problems in risk management on the micro-, meso-, and macro-levels, as well as suggesting specific methods for support and regulation of Russian risk management. The results of this research carry practical significance, since properly structured risk management system contributes to achieving stability of business development, as well as increasing of economic efficiency and sustainability of development of Russian economy.
Karelina M.G. —
Development of a statistical methodology for assessing the value of business in the implementation of integration policies at industrial enterprises of the Russian Federation
// Trends and management. – 2017. – ¹ 2.
– P. 148 - 159.
DOI: 10.7256/2454-0730.2017.2.22699
URL: https://en.e-notabene.ru/tumag/article_22699.html
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Abstract: When examining the policy of integration that ensures import substitution and increasing the competitiveness of Russian industry, one can see that the positive dynamics of the development of mergers and acquisitions processes is often accompanied by a negative dynamics of indicators of their effectiveness. This necessitates the development of an integrated approach to the formation of an assessment of integration deals to enhance the competitiveness of Russian industry. Methods for assessing the value of companies should be based on statistical approaches to business valuation, which will increase the validity of management decisions in the field of corporate integration. The presented article developed and tested the methodology of statistical estimation of business value in integration transactions of holding structures, which is based on the generalization of the results of profitable, cost and comparative methods, as well as the method of real options. The methodology provides a preliminary justification for the feasibility of mergers and acquisitions in the implementation of the integration policy, serves as a basis for a qualitative and reliable assessment of the synergistic effect.
Karelina M.G. —
Assessing Structural Changes in the Intergrative Activity of Holding Entities
// Financial Law and Management. – 2016. – ¹ 3.
– P. 208 - 215.
DOI: 10.7256/2454-0765.2016.3.19769
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Abstract: The structure of a complex socio-economic phenomonon such as the integrative activity of Russian holding units in various Russia's economic sectors always have this or that degree of flexibility and ability to change with time both quantitatively and qualitatively. Therefore it is theoretically and practically important to study dynamics of such a structure, to evaluate structural changes, to define and characterize the main integration process development trends in order to increase efficiency and competitive ability of Russian economy. In the course of writing the article the author has used the following research methods: observation, comparison, systems analysis, generalization, systematization, classification, and statistical analysis. The article presents the results of statistical research of the integrative activity of holding entities in various Russia's economic sectors based on the analysis of structural shifts. The results of the analysis can be used to establish the infrastructure of the market for corporative control and to develop efficient state policies in the sphere of sectoral management of the integrative activity.